[Steps Shown] Define X as the number of heads observed in the experiment that flips a balanced coin three times. Construct an appropriate decision tree. Calculate


Question: Define X as the number of heads observed in the experiment that flips a balanced coin three times.

  1. Construct an appropriate decision tree.
  2. Calculate the probability that X>1.
  3. Calculate the expected value of X.
  4. Would your answers in parts (a), (b), and (c) change if the coin was not balanced? Explain.

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Solution: The downloadable solution consists of 3 pages
Deliverable: Word Document

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